£284,170
This estimated value is based upon the latest sale price for the house of £230,000 on 22 Nov 2019. This value is then adjusted by the current Official House Price Index for LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 22 Nov 2019 |
| £67,950 | 30 Nov 2007 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 sq feet |
This model uses changes in the Official Land Registry House Price Index for LINCOLNSHIRE to estimate the market value.
When this house was purchased in November 2019 the House Price Index for LINCOLNSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £230,000 results in an estimated price of approximately £284,170.
| 22 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £230,000 | £54,170 | £284,170 |
The Postcode Pricing Model uses changes in average sales price within the PE11 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -4.799 % | £-11,038 | £218,961 |
| 3 Month Average | 12.369 % | £28,448 | £258,448 |
| 6 Month Average | 16.152 % | £37,150 | £267,150 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £285,143 | £280,000 | 25 SOLENT DRIVE |
| 21 Oct 2022 | £313,951 | £315,000 | 9 TOINTON CLOSE |
| 1 Apr 2022 | £293,072 | £282,500 | 16 WYGATE MEADOWS |
| 1 Apr 2022 | £466,840 | £450,000 | 21 WYGATE MEADOWS |
| 21 Mar 2022 | £263,593 | £252,500 | 7 WHYBURN CLOSE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 11 Jul 2019. Using an estimated price of £284,171 means this house is valued at £2,537 per sq meter (£235 per sq foot).
The average size of a house on NURSERY WAY is 136 sq meters (1,468 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Winsmere Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Winsmere Close |
| Jul 2024 | Anti-social behaviour | On or near Winsmere Close | |
| Jul 2024 | Anti-social behaviour | On or near Winsmere Close | |
| Jul 2024 | Anti-social behaviour | On or near Winsmere Close |